June 05 2013 : Bharat Book Bureau presents the new report "Consumer Water & Air Treatment Systems to 2017"presents historical demand data (2002, 2007, 2012) plus forecasts for 2017 and 2022 by technology, type, and US region. The study also considers market environment factors, evaluates company market share, and profiles industry players.
US demand to grow
4.7% annually through 2017
US demand for consumer water and air treatment systems is forecast to increase 4.7 percent per year through 2017 to over 18 million units, an acceleration from lackluster growth posted during the 2007 to 2012 period due to the 2007-2009 recession and the collapse of the housing market. Volume gains will be supported by the economic recovery, particularly the rebound in residential construction and consumer spending. The improving housing market will contribute significantly to volume demand growth since many consumers purchase water and air treatment systems at the time of home construction or remodeling or when purchasing a new home. Further driving volume demand will be the continued trend of a greater number of consumers interested in improving the quality of the water they drink and the air in their homes and increased awareness of the health and aesthetic benefits of water and air treatment systems.
Value demand to rise 6.5% annually to $2.1 billion
Consumer water and air treatment systems value demand is projected to advance 6.5 percent per year to $2.1 billion in 2017. Gains in value demand will primarily benefit from improved unit sales, particularly for whole-house water and air treatment systems, which are higher priced items than portable or room/outlet specific units. Sales of whole-house water and air treatment systems declined along with the significant contraction in single-family housing completions during the 2007 to 2012 period, since these units are often installed in newly built homes. In addition, economic uncertainty and limited access to credit caused many consumers to delay big ticket purchases in existing housing stock during the 2007 to 2012 period. A rebound in singlefamily housing construction and improved access to credit will propel sales of whole-house water and air treatment systems through 2017. Going forward, demand will also benefit from the development of value-added systems featuring advanced or multiple treatment technologies, improved operating efficiency, and better aesthetics.
Whole-house systems to outpace POU, portable types
Point-of-use (POU) water and portable air treatment systems -- units operating
at a single water outlet or in a single room -- are expected to post slower
growth thantheir whole-house counterparts through 2017. Nevertheless, these
systems will continue to account for a larger share of both volume and value
demand. Gains will primarily benefit from heightened consumer concern regarding
potential contaminants in household tap water and air. Conventional filtration
media are used in the majority of POU water and portable air treatment systems.
However, in POU water treatment, faster growth will be registered by reverse
osmosis and other membranes and distillation systems, although from
significantly smaller bases. Among portable air cleaners, faster gains will be
realized for electrostatic technologies. These options with better growth
prospects are higher value systems that can typically remove a broader range of
contaminants compared to conventional filters. Further advances will be promoted
by individuals seeking alternatives to bottled water, primarily for economical
(the annual cost of using POU water filtration is typically lower than that
spent on bottled water) or environmental (if less bottled water is consumed,
less plastic is required to make the bottles and there are fewer bottles to
landfill or recycle) reasons.
This upcoming Freedonia industry study, Consumer Water & Air Treatment Systems, is priced at $5300. It presents historical demand data (2002, 2007, 2012) plus forecasts for 2017 and 2022 by technology, type, and US region. The study also considers market environment factors, evaluates company market share, and profiles industry players.
For more information kindly visit : http://www.bharatbook.com/market-research-reports/environment-market-research-report/consumer-water-air-treatment-systems-to-2017.html
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